Major Revaluation of products and services

So: whatever happens in the election there is a real problem in funding the UK, in my view..
There seems to be a gap in the value paid for products and services and income at the moment, a severe revaluation of the most important things can't fail to take place. With everybody worried about paying the bills and large cuts on the way prices can't keep going up. A point will be reached when demand failure starts, this is likely to revalue services and wages in a big way. Austerity is just a word at the moment but it's certainly one step on from the Double Dip recession and I think we've got to go through that first.

Why don't people want to go Bankrupt?

Here at Debtaid we often advise that Bankruptcy is the best solution to sort out Debts in particular cases. Time and time again we are told that the client does not want to go bankrupt but try to repay the debts they have incurred. This is great morally and is far from the "morally bankrupt Britain" we keep hearing about in the media. It does seem strange that our regulators are always asking us to provide the "best way out" in debt management but the public often want to at least try to repay the debt they have.